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You will end up having to go to court after awhile, you could claim bankruptcy and basically start over loosing most of the large items you have such as your car and home. But if bankruptcy isn't right for you, in the end your vehicle could be repossessed by the bank who owns the loan.

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16y ago

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Related Questions

Can a car get repoed for no reason?

only if ou dont pay your payment or your financing falls through


What happens when you dont pay your monthly car payment in full?

If they accept the payment you're ok. The big question is "If." You should send enough to pay the interest. Most companies don't repossess the car for a couple of months.


If you cant afford to pay car payment and credit cards which is better to pay if you are going to pay on one?

Pay the car payment. So you can take your butt to work and pay the credit cards!


Can you pay double next month if you skip current payment for car insurance?

No, but you could pay double the payment when it is due and not pay the following months payment.


Can a bank report a car stolen if in default of payment?

YES, IF YOU CLAIM NOT TO KNOW WHERE IT IS. If you call the bank and say I dont know where the car is its gone, they are going to tell you to report it stolen. If you stop making payments on it then they will repossess, if there is no car to repossess then you are still responsible to pay the monthly payment car or no car If you stop paying and there is no car to repossess then they at that point can take legal action against you. I dont know if its reported stolen but take my word for it you will pay somehow.


You have one payment left on your car loan when you pay it will your credit improve?

If you made all your payments on time this will improve your credit record.


Can you give a sentence using the word payment?

The old man had to pay a payment on his car.


Where can I find a car payment calculator?

Here is a website with a car payment calculator : http://www.carpaymentcalculator.net/ It will give you the monthly payment you'd need to pay in order to pay it. The calculator takes account of a few factors that could affect your payment.


What ways can one usually submit a car insurance payment?

When making a car insurance payment there are many ways to do so. One could either send payment through the mail, pay online, pay with their phone, or pay over the phone.


Can you be arrested for owing a title LOAN anD longer have the car?

No, you will not be arrested but you are still liable to pay back the loan.


Can a car dealership repossess your car if they say you owe them more money for a down payment?

A dealership can only repossess your car if you do not pay in accordance with the sale agreement. If you did not pay the agreed down payment, the car may be repossessed.


What stuff do you have to pay when you are going to get a new car at a dealership?

You will need to pay a down payment when you get a car at a new dealership.

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